Philips Lighting’s Annual General Meeting of Shareholders approves company name change to Signify, appointment of Eelco Blok to Supervisory Board and 2017 dividend    

May 15, 2018

Eindhoven, the Netherlands – Philips Lighting (Euronext: LIGHT), the world leader in lighting, today announced that the Annual General Meeting of Shareholders (AGM) adopted the proposal to amend the articles of association of the company to change its name from Philips Lighting N.V. to Signify N.V.

 

The company will start using the name Signify from May 16, 2018 and expects the change to be implemented in all the countries where it is active by the beginning of 2019. The company will continue to use the Philips brand name under the existing licensing agreement with Royal Philips.

 

Shareholders also approved the appointment of Eelco Blok as member of the Supervisory Board as well as the proposal to pay a dividend of EUR 1.25 per share over 2017. All other proposals made to shareholders at the AGM were also adopted.

 

Philips Lighting’s 2017 results are included in its 2017 Annual Report that was published on February 27, 2018.

 

For more information about Philips Lighting’s 2017 AGM, please click here.

 

 

 

For further information, please contact:

Signify Investor Relations

Robin Jansen

Tel: +31 6 1594 4569

E-mail: robin.j.jansen@philips.com

 

Signify Corporate Communications

Elco van Groningen

Tel: +31 6 1086 5519

E-mail: elco.van.groningen@philips.com

About Signify

Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2017 sales of EUR 7.0 billion, approximately 32,000 employees and a presence in over 70 countries, we unlock the extraordinary potential of light for brighter lives and a better world. News from Signify is located at the NewsroomTwitter and LinkedIn. Information for investors can be found on the Investor Relations page.

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